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Created by : Brigadier (Retd) Sunil Chadha,, Nil  | 08 08 2010 06:58:30 +0000
Keywords : hr policy decisions
Activity:  579 views;  last activity : 11 14 2010 21:34:15 +0000
 
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LONG TERM Vs SHORT TERM
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It should be long term. Short-term policies are popular because they are generally more cost-effective than long-term policies. But a company need  long term policy to be successful......   


By pooja trivedy, HR Executive, Hewitt  08 09 2010 10:43:16 +0000
 
Arguments in: "HR POLICY DECISIONS"
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COMPANY REMAINS ALIVE ..VIA MONEY AND DEDICATED PROS WHO CAN KEEP IT ALIVE ..real mission & vision is not there on a piece of paper or sign post !
By Ajay Ziz, Dy. Registrar,, University of Jammu  | 08 16 2010 06:24:27 +0000
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In any growth oriented organization, the objectives and goals of all functions - sales, marketing, finance etc are aligned with the vision & mission of the organization. While vision is strategic in its perspective, mission tends to be mid / short term and hence, in a sense, more operational & tactical.Policies, similarly, have a long term perspective since they are formulated to support in running the organization through its entire journey. The same applies to HR as a function - it must have long term policies. Policies are also an important part of the organizations culture and values DNA. However,policies can be reviewed and changed if their implications are long term.


By Lt Col Sumant Govind Khare, CEO/MD/Director, Nvision Learning and Development  | 08 16 2010 05:46:24 +0000
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 Yes,Isupport Pooja. It is the long term policies only that can keep the system running and help the individuals grow with the system.


By Dr.G.S.Rama Rao, Freelancer  | 08 12 2010 10:53:05 +0000
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Long term is basically with the investment on Capital ie.strategies and Short term policies are based on some tactics, which are concerned about day to day affairs and personal debates.

 


By Paul Sureshkumar, Manager, Selvan Marketing  | 08 12 2010 09:28:29 +0000
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Short term policy decisions are nothing but adhoc decisions fitting to the situation.  Organisations shall have long term strategies/policies.  Unless, the Short term policies  bridged on the lines of long term policy decisions, it amounts to distractions and dilutes the long term goals. 


By Srinivas suravajhala, Asst. Manager.  | 08 10 2010 08:26:54 +0000
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You can see what is near you and act wise.Long term policies you dont know what is in store.Thinking longterm also makes you comitted ,responsible,and confident.


By K.S Ashok kumar, Promoter / CEO, Aadithyaa Resorts lakeside-kollam,kerala.  | 08 10 2010 07:47:10 +0000
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hr policy should be the way of long term if it will take shortem also beneficial
By mula santhoshreddy, HR Executive, MINDS INTEGRATED SOLUTIONS  | 08 09 2010 12:44:49 +0000
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as this is the policy, it should be long term rather than short term


By Tao Wing Hong, Freelancer, Freelancer  | 08 09 2010 12:15:17 +0000
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I do endorse Pooja's view as H.R . Policy decisions are in purview of more than a year & any process itself qualifies as long term if it is more than a year.
By SANKALP BAJPAI, MBA/PGDM student, BITM  | 08 09 2010 12:08:07 +0000
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Traditionally HR policies are long term. Even their short term handling is normally based on keeping the long term strategy of the company at heart.


By RAMESH KANDADAI, Principal Consultant, ARM Consultants  | 08 09 2010 11:05:00 +0000
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Complex relationships amongst competing variables need to be objectively considered in the process of selecting policy alternatives. At times, what appears to be a reasonable decision to make savings in budgetary proposals can have unforseen personnel and training cosequences. In the light of the ultra dynamic corporate scenario obtaining, are long term policy decisions still relevant ? or is there a case for short term decisions ?
By Brigadier (Retd) Sunil Chadha,, Nil  | 08 08 2010 06:58:30 +0000
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How long is long-term? I'd say that this is directly related to the turnover of the sector of industry being considered. In India, the sectors of Banking, Defence, Manufacturing, etc. are low-turnover. Therefore, there can be long-term policies. 

However, the IT sector is a medium-turnover sector while the ITES/BPO sector is a high-turnover sector. These cannot depend on long-term policies. There MUST be effective short-term policies that can leverage human resources during the period of employment - based on prevalent market conditions.


By Isaac Madhavan, R & D Manager, Test prep company  | 11 14 2010 21:34:15 +0000
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a company needs dyanamically fluidic changing by the moments policies .. no rigidity !!flexibility is the need of the hour !!
By Ajay Ziz, Dy. Registrar,, University of Jammu  | 08 09 2010 10:55:05 +0000
Leading recruitment Firm
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